TORONTO, March 31, 2023 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD”) IDKIDKFF makes this known in connection with the filing of a non-offering prospectus (the “Prospectus”) and listing of common shares (the “Listing”) of Birchtree Investments Ltd. (the “Company” or “Birchtree”) on the Canadian Securities Exchange. As a result of the completion of the prospectus and listing, ThreeD owns and controls an aggregate of 10,000,000 common shares of the Company (the “Affected Shares”).

ThreeD originally acquired the affected shares prior to the closing of the prospectus and listing through a private placement in which ThreeD issued 434,782 common shares of ThreeD in exchange for the affected shares at an assumed price of $0.05 per affected share.

Immediately prior to the prospectus and listing, ThreeD owned and controlled the relevant shares, which represent approximately 12.9% of all issued and outstanding common shares of Birchtree.

Immediately following the prospectus and listing, ThreeD continued to own and control the relevant shares, representing approximately 12.9% of all issued and outstanding common shares of the company.

The relevant securities were purchased directly from the company and not through the facilities of an exchange. The Company’s securities holdings by ThreeD are managed for investment purposes and ThreeD and/or its joint actors may increase or decrease their respective investments in the Company at any time or maintain their current investment position depending on market conditions or other relevant factors.

A copy of the relevant securities report filed in connection with the above matters may be obtained from Lynn Chapman using the contact details below.

About ThreeD Capital Inc.

ThreeD is a Canadian-based public venture capital firm focused on making opportunistic investments in companies in the junior resource and disruptive technology sectors….